MTN Nigeria Communications Plc has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N100 billion Series 6 and 7 Commercial Paper notes under its Commercial Paper Issuance Programme
The Issuance is part of the Company’s strategy to diversify its financing options with the funds being deployed towards short term working capital and funding requirements.
Source: MTN Nigeria to raise N100bn via commercial paper issuance – StocksWatch (stocksng.com)
The Nigerian stock market rebounded last week after four consecutive sessions of losses, posting a ₦985 billion gain on the back of price growth in 70 equities. The All-Share Index (ASI) advanced by 1.13%, closing at 140,545.69 points, compared to 138,980.01 points in the previous week. Similarly, market capitalization rose by 1.12% to settle at ₦88.922 trillion, […]
The Nigerian equity market on Thursday closed on a positive note as The All Share Index moved up by 0.21% to close at 140,665.84 points from the previous close of 140,365.36 points. Investors gained N191 billion as the Market Capitalisation grew by 0.22% to close at N89.004 trillion from the previous close of N88.813 trillion. An aggregate[…]
